NZ sharemarket drops 1.4% amid ongoing global crisis - Market close

NZ sharemarket drops 1.4% amid ongoing global crisis - Market close

The S&P/NZX 50 closed at 12,748.92 – down 186.47 points or 1.44%.

Shane Solly, portfolio manager with Harbour Asset Management, said it was a risk-off day and the local market was dragged down by the big liquid stocks. He said markets were now starting to think ab… [+3893 chars]
NZ sharemarket drops 1.4% amid ongoing global crisis - Market close - FHMnews